The Federal government's first home loan deposit scheme places have all been filled for this financial year's allocation. The good news is if you have missed out then there will be another 10,000 spaces available from 1st July. The scheme launched in January 2020 is to...
With big changes in interest rates over the last few months, many people currently on fixed rates may be looking with envy as new fixed rate offers drop into the low 2's. We've received lots of calls and messages recently form borrowers currently locked in...
The ACCC released it's 84 page interim report on the Home Loan Price Inquiry. The report which was released at the end of April, focusing on the decision-making behind the interest rates charged to consumers by the main suppliers of home loans in Australia –...
Covid-19 has had a huge impact on the number of properties sold last month, however the market did not seem to suffer with any significant decrease in values last month. But, predictions are for an inevitable drop. CoreLogic's Hedonic Value Index showed that nationally the capital...
March saw property prices track upwards by 0.7% nationally and by 0.5% in Perth. The impact of coronavirus is starting to show but most capital cities managed an increase on last month with the exception of Hobart. Nationally the impact of coronavirus seems to have slowed...
With the recent RBA emergency rate cut to a record low of 0.25%, the majority of he banks made the decision to focus their rate reductions on fixed rates and many leaving the variable rate unchanged. The RBA took this action to assist with the...
It's hard to get away from anything but Coronavirus at the moment and the last few days have seen us bombarded with news and information. This is leaving many people concerned by not only the potential impact to the health of ourselves, family and friends...
Government increases the instant asset write off as part of the Coronavirus Stimulus Package. The Australian government this week announced a raft pf packages aimed at combating the economic impact of coronavirus. One of those measures is the expansion and increase of the...
House prices continue to rebound nationally. Five of Australia's eight capital cities reached record highs in February. Data from Corelogic February 2020 Home Value Index showed an increase nationally of 1.1%, with all capital cities recording a gain with the exception of Darwin which declined...
This month's guest blog comes from our friend Terri Watson, founder of The Healthy Wallet Project. Terri has a mission to help Australian families get out of debt. This month she's shared with us some tips to change your spending habits. Has your debt got the...